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S. 4310

Referred to Committee

Emergency Savings Act of 2022

Introduced 5/25/2022•117th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

5/25/2022 • Senate

Summary

Emergency Savings Act of 2022

This bill permits employer-sponsored retirement plans to offer participants a pension-linked emergency savings account (1) with a maximum account limit of $2,500, and (2) from which withdrawals are not subject to a tax penalty.

Introduced in Senate • 5/25/2022

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Topics & Subjects

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Booker, Cory A. [D-NJ]

Democrat • NJ

Sponsored 5/25/2022

Cosponsors (1)

S[
Sen. Young, Todd [R-IN]

R-IN

Joined 5/25/2022

Bill Journey

Originated in the Senate

Introduced

May 25, 2022

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate5/25/2022

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1